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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (8674)	2/25/2004 9:07:05 PM
From: Steve Lokness	Read Replies (1) \| Respond to of 110194

Almost hate to pile on Greenspan here, but one of his comments strikes me as particularly odd. Can anyone shed light on his comment that he was confused as to why tax money coming in has been FAR SHORT of what was expected. (might have been his exchange with Baird). Since it was one of the arguments that Bush used to grant the tax reductions in the first place, that is that the tax reduction would actually mean more money to treasury - this comment from Greenspan strikes me as odd. Odd coming from Greenspan that is. Are they admitting they are wrong? So where is the increased tax money? And why attack SS this year? I mean no body is so stupid to actually think Bush would address this question now. Might these seemingly senile like answers be a way out for him should things go bad fast? He could say - "well they never addressed the SS problem like I told them"!!